Because he doesn't invests in something that he doesn't understand, he has said it numerous times. Just like he was wrong about Google and Amazon, he is going to be wrong about Bitcoin. Its just about time. Also he hates on Bitcoin cause it threatens banks and he is heavily invested in bank stocks.
He is old now and he is still sticking to his old strategy and standards which is the reason for him to not accept bitcoin and other type of opportunities that came into his life. He is still sticking to his principle and beliefs and we can't do anything about that but just wait and observe how bitcoin will prove that Warren Buffet is wrong. |
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There is no one fool who invest in the Bitcoin because the people who invest in the BTC are the smartest and the clever one because they have faith and damn sure that the price will go high. And i think the people who are not investing in BTC are the real fools because they even know in the heart that it will grow higher and not in vesting in it. in my opinion that are the real foolish one after knowing everything and they are just making comments and aurguments about the people who invest in Bitcoin and lowering their moral. SO do not worry and invest before it is too late  That is right that they are smart that they invest in cryptocurrencies because if we will think abut cryptocurrency, it is more likely to become the future of the world because the technologies that the cryptocurrency have is really advanced compare to the technology that the government and other authorities are using right now. |
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It is great that there is already people that became a billionaire because of bitcoin because for me, i don't expect it to see a people to become billionaire because for me, the price of bitcoin is still not that high to give a lot of value to you and it will take a lot of years before you can reach and get that title but guess, i am wrong and i hope more people will become millionaire or even billionaire like them in the future, i hope i will be one of those people.
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So many countries now were prohibiting the use of virtual cryptocurrencies. And to think that many unemployed individuals were beginning to uplift their way of living because of their dealings with cryptocurrencies. Banks doesn't expressly say why it is banning the use of Bitcoin.
What do you think is the reason behind this?
I think banks don't like this innovations because this is a way too different from their working ground. Banks can't take control to cryptocurrencies since no one can even independently influence it. They don't appreciate if this innovation can run free while banks are still rooted by many governing laws and regulation. That's why bitcoin has the advantage here to be more successful in the society. Bitcoin has an advantage to be more successful in the future because of its technology called blockchain where the transaction are safe and bitcoin is not hackable so it is a plus for the people who want to put their money to bitcoin because it is safe and also transparent so there is no fraud that will going to happen unlike in the fiat and banks. |
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at the time you wrote this, market started a correction wave after a long bull run. as for now, we finished the correction with strong fixing at 6-7k level. wait for the bullrun again This month and the upcoming months for this year will gonna be a bull run months and that will give a lot of benefits for us holders and those believers that didn't sell their bitcoin and continue to believe and keep their hope for their coins and i believed that we will break the latest all time high before this year end. |
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This is so true. Patience is the key for all of the people here in the cryptocurrency, whether you are a trader or an investor, as long as you have a coin that is good and have a good fundamentals that you can hold for long term then hold it for long term and always have a patience and keep hoping for the best in the future.
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now many scams use cryptocurrency. they use the ponzi scheme in their investment and some make the coin using the ponzi scheme. you must research before you join in investment and don't thinking of a quick way to double your investment
A lot of newbies are getting into those type of investments because they know that it is faster to make profit in those type of investment compare to the recommended or suggested of the old cryptocurrency user, they are all hungry for fast money making but at the end, they always regret it because it always end up as a scam and it just stole their money so the newbies should listen to the older users so they will be go to the right path. |
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Bitcoin will continue to improve over the years and bitcoin will get more people to its market and more and more countries will start to notice it. The negative things about bitcoin are just temporary and it will just vanish after bitcoin prove them wrong.
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I think its been more years to take place before it happens, there are many things to consider and the government has the power if they will approved it or not.
Yes, it is not easy to replace fiat money; I agree that there's a lot of considerations you should do and it will take a long run for Bitcoin to be accepted in the whole world. It is completely impossible to replace the fiat money with cryptocurrency because the fiat money is already stable and the whole world are supporting it because that is the system that they been using for a lot of years so cryptocurrency is more likely to be an option and not a complete replacement for something. |
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The best way to store bitcoin safely is to have a hardware wallet like the trezor wallet, ledger nano s and also keepkey those are just the few examples of hardware wallet that you can use to store bitcoin safely which is a good practice also in holding because it is not that easy and fast to withdraw bitcoin like in the online wallets.
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Bitcoin isn't dying as what other people might have deducted, bitcoin was able to survive alone without regulation and if global regulation might exist it will surely grow because it means it is accepted since there is a need for regulations. That is a good point. If there are regulations from different countries or globally then it means that bitcoin is getting recognized and they are trying to regulate it so the people will not have any problem using it or they will not break any law from a particular country so i think bitcoin will not die. |
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No. I suppose the end of this whole transaction is that some countries wont accept it as a legal tender in thier countries but will allow it to run as other means of running the country as a way of globalisation. It will not but it will be accepted for transactions.
A lot of countries banned Bitcoin and since then, I don't think that all of the countries will be able to legalize Bitcoin in their countries. I think if some miracle happened, and Bitcoin was developed in the future, I guess it may happen. Bitcoin is an asset to people these days that is the reason that it will not happen. Bitcoin is volatile and decentralized that makes it a bit of a knockback to the government but still there are countries that embrace the technology since it can bring a lot of efficiencies on transactions especially online. Using a mobile phone just to pay for something is really efficient. Those are just orders from the government and when they saw the good side of bitcoin and realize the things that they can benefit from it by legalizing bitcoin then they will just lift the ban order from bitcoin and they will start to legalize it so they will also earn or experience the benefits of having bitcoin in their country as a legalized currency. |
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Many people still don't know what is bitcoin. Skip such kind of people. Don't need to teach about them who are joking about it. We should avoid them.
if they don't want to learn Bitcoin deeper it's a good thing to know them at the moment. It is such a pity that those people cannot experience the benefits that we get from bitcoin because they do not understand what really the bitcoin is. That is right, that is the reason why they are making fun of bitcoin because they don't really understand bitcoin and they just think that it is funny since a lot of so called investors in this world are skeptical to it and they are calling it as a bubble but they didn't even try to understand and evaluate how bitcoin can change the world because of its technology. |
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One of the ways that i think is to launch an event that will discuss about bitcoin and that can be free for the first time so the people will not have to pay and they will get knowledge and some introduction about bitcoin for free and for the another time of doing it, i will charge for a very low price to pay the expenses of the event.
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Blockchain is not just about bitcoin because it is the overall term for the technology that the cryptocurrencies are using and yes they can survive without bitcoin or even other cryptocurrency because it can be still used by the different people who have got some ideas to create and bring it to reality using blockchain that will make sure that it is more secured and has a better system.
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It looks like a dream come true. With bitcoin the future is bright and the dreams are almost near. It is our hardwork that will surely help us to reach those dreams.
Not just hard work but also the unity that we can improve in our community for bitcoin. We can launch different orientation from different locations in the world to aware the people who are living there that bitcoin is here and bitcoin is a good step for the future and they should take it seriously because bitcoin can help in technology and also in creating wealth. |
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It seems that the social platform facebook is joining the fun in the cryptocurrency world and i think that it will be a good idea for them to launch their own coin since they banned the advertisement of the other cryptocurrency so the advertisement for cryptocurrency will be their own and it will attract a lot of investors for sure because of the reputation of facebook and the good returns of cryptocurrencies.
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It maybe because Bitcoin's is a decentralised digital currency that is not hidden from anyone and a alot of people especially those in the government don't want to get exposed. Moreso, the government may not be able to tax user of bitcoin. It cannot be controlled by anyone and cannot be tamed.
They can still tax the people who are in the cryptocurrency because they can just required the bitcoin or any cryptocurrency user or investor to submit a report that showing their transaction and also stating their profits from bitcoin and other cryptocurrency and that is how they can get control and avoid abusive users. They are simple scared because of the potential to get a lower power because of decentralization. |
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In my opinion, we are now at the bottom of the dump for bitcoin and this kind of low price is a good sign that you can buy bitcoin now or else you will regret it. The sideways movement of bitcoin in the market is a clear sign that we are in the accumulation zone and once this accumulation is done then the bull market will start since we are in the bullish months for bitcoin.
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I think Japan is the best crypto for now because the Japanese are making bitcoin for the first time and growing rapidly which surely the Japanese economy is increasing. Japan also does not prohibit the sale and purchase of bitcoin.
I also agree that Japan would become the best choice for having bitcoin or cryptocurrencies because they are very adaptive to the technology and also to the opportunities that might help their country to grow or to fasten their progress which is a very great thing to have in a country that you want to go. |
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